Senior IRS Swaps Trader — London Desk Lead

Marlin Selection Ltd; Greater London; On-site; GBP 100,000 - 150,000; Full time

Job summary

A global financial institution is seeking an experienced IRS Swaps Trader to join their London-based trading team. The ideal candidate will have at least 10 years of trading experience, particularly in cleared interest rate swaps and cross-currency basis swaps, gained preferably at a leading investment bank. Key responsibilities include executing trades, managing risk, and maintaining pricing models. This role offers a competitive compensation structure and the opportunity to play a pivotal role in the firm's global growth.

Benefits

Competitive compensation structure

Dynamic global platform

Qualifications

• Minimum 10 years’ experience trading IRS swaps at a top-tier bank or financial institution.
• Deep product knowledge of cleared interest rate swaps, cross-currency basis swaps, and asset swap pricing.
• Proven track record in generating P&L within controlled risk limits.

Responsibilities

• Execute and manage risk in cleared IRS across G10 currencies.
• Price and trade cross-currency basis swaps and asset swaps.
• Develop and maintain pricing models and analytical tools for IRS and related products.

Skills

Trading IRS swaps

Cross-currency basis swaps

Asset swap pricing

Market making

Risk management

Tools

Python

Excel/VBA

Job description

A global financial institution is seeking an experienced IRS Swaps Trader to join their London-based trading team. The ideal candidate will have at least 10 years of trading experience, particularly in cleared interest rate swaps and cross-currency basis swaps, gained preferably at a leading investment bank. Key responsibilities include executing trades, managing risk, and maintaining pricing models. This role offers a competitive compensation structure and the opportunity to play a pivotal role in the firm's global growth.